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Delhivery Q4 2022: Losses at Rs 119.8 crore, revenue doubles YoY to Rs 2,072 crore
Revenue from operations was Rs 2,071.7 crore in the January-March period, from Rs 1,002.6 crore in the year-ago period. Total income more than doubled to Rs 2,127 crore from Rs 1,031.7 crore.
Delhivery shares rally 7% on getting patent for its tech product Addfix
Addfix, Delhivery's proprietary address disambiguation system, takes unstructured and incomplete or error-ridden addresses provided by customers and breaks them down into different geographical elements like country, state, city/town, locality, street, landmark, building, postal code, etc. to give an accurate location for an address.
From proceed to checkout: What happens when you buy a product online
We take a peek into warehouses used by electronic marketplaces to bring you an account of the various technologies involved in delivering your product home.
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